Note 9. Deferred Charges, Net

Deferred charges at December 31, 2011 and 2010 are net of accumulated amortization and are comprised of the following:


	December 31,
	2011		2010
Lease origination costs (a)	$	14,336,000	$	13,282,000
Financing costs (b)		6,268,000		9,623,000
Other		931,000		1,551,000
	$	21,535,000	$	24,456,000

(a) Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $6.6 million (cost of $16.8 million and accumulated amortization of $10.2 million) and $5.9 million (cost of $14.5 million and accumulated amortization of $8.6 million), respectively.

(b) In September 2010, the Company elected to reduce the total commitments under its then stabilized property revolving credit facility by $100.0 million. In this connection, the Company accelerated the write-off of approximately $2.6 million of deferred financing costs.

Deferred charges are amortized over the terms of the related agreements. Amortization expense related to deferred charges (including amortization of deferred financing costs included in non-operating income and expense) amounted to $7.4 million, $10.8 million and $7.5 million for 2011, 2010 and 2009, respectively. The unamortized balances of deferred lease origination costs and deferred financing costs are net of accumulated amortization of $15.7 million and $23.5 million, respectively, and will be charged to future operations as follows (lease origination costs through 2033, and financing costs through 2029):


	Lease origination costs		Financing costs


2012	$	2,509,000	$	3,827,000	(a)
2013		2,250,000		848,000
2014		1,931,000		452,000
2015		1,621,000		300,000
2016		1,316,000		227,000
Thereafter		4,709,000		614,000
	$	14,336,000	$	6,268,000

(a) Includes $2.8 million relating to the stabilized property and development property credit facilities which were refinanced in January 2012.